AXIAL Question

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March 23, 2024

by a searcher from Colorado State University in Centennial, CO, USA

I am wondering who is familiar with this platform. Their fee agreement looks like your typical sliding scale but paid by the business BUYER. Since its a FULL, customary fee, I found that to be really odd. Do they require this of the seller as well? If its only the buyer, its net net of the deal but since they made no mention of the sellers commitment, it makes you wonder about the sellers motivation and commitment to sell. Given so many deals are over-represented with such slim numbers, charging fees on both sides would ensure most of the listings are garbage.
Looking for this clarification as well as general feedback about your experience on the platform.

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Reply by a searcher
from Harvard University in Austin, TX, USA
I find Axial pretty useful. It's interesting that some deals from standard brokers are not listed on their weekly announcements yet they show up on Axial. Also the fact that Axial's fees are not due until you close a deal, the garbage point doesn't really apply. From cost vs value perspective - if someone gives me a great $10M deal, I am more than happy to pay out $200k for deal finders fees. After all, finding a great deal is the hardest thing out there.
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from Drexel University in Philadelphia, PA, USA
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